1500 N Reed Rd Kokomo, IN 46901
For Sale
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This exceptional 100,968 square foot commercial building presents a significant investment opportunity in Kokomo, Indiana. Strategically located just south of the new battery plant, this property boasts high visibility and convenient access to major highways. The expansive 11.5-acre lot includes a substantial parking area, perfect for accommodating employees and customers. The building itself features a multitude of potential uses, including warehousing, storage, retail, and restaurants. With two dock doors and four overhead doors, loading and unloading are efficient and straightforward. The interior offers versatile space with ceiling heights ranging from 14 to 20 feet. A prominent multi-tenant sign enhances visibility and marketing opportunities. This property's size, location, and features make it ideal for a single large business seeking expansion or multiple tenants seeking a shared space. The potential for increased cash flow through various business models makes this a compelling investment for both established businesses and savvy investors. The property is priced at $4,999,000. Don't miss this chance to acquire a prime commercial property in a rapidly growing area.
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Kokomo Event & Conference Center Conference Center Trade Show Venue
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Lucas Home Furnishings Warehouse Warehouse & Storage
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Sunrise Structures of Kokomo Construction Company General Contractor
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Kokomo Fireworks Discount Store Party Supply Store
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Simply Tasty Jam Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.